What is MP3 Headphone All-in-one Market Scope?
Mp3 headphones refer to the independent headphones which do not require any audio input device to play the music such as smartphones or Bluetooth devices. These headphones require less memory to operate and provide the output. It contains separate inbuilt memory or an external card slot for putting an SD card into it for creating a playlist of audio files which converts them into Mp3 player-cum-headphones. Rising adoption of portable music players, growing demand for handsfree headphones, and increasing demand for the noise cancelling mp3 headphones are some of the major factors aiding into the growth for mp3 headphones market.
The MP3 Headphone All-in-one market study is being classified by Type (In-Ear and On/Over Ear) and major geographies with country level break-up.
According to AMA analysis, the Mp3 headphones market is moderately consolidated with the presence of fewer than 50 players globally. The vendors in this market are continuously trying to provide innovative products with new technology to cater to the market's demand and operate with the current trending technology. There is a huge opportunity for players in the Asia Pacific region as the demand for mp3 headphones is rapidly increasing in countries such as India, China, and Japan. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global MP3 Headphone All-in-one market throughout the predicted period.
Sony Corporation (Japan), Pyle Audio (United States), bluedio.com (United States), Hspro (Belgium), Sennheiser electronic GmbH & Co. KG (Germany), Harman International Industries, Incorporated (United States) and Huawei Technologies Co., Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Smiledrive.in (India), Shenzhen AITA technology Co.,Ltd (China), Shenzhen Zealot Digital Technology Co., LTD. (China), UBON.in (India), AfterShokz (United States) and Others.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global MP3 Headphone All-in-one market by Type, Application and Region.
On the basis of geography, the market of MP3 Headphone All-in-one has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- High-quality sound with continuous & longer playback time.
- Rise in popularity for fashionable and attractive design mp3 headphones.
Market Drivers
- Rising adoption of portable music players.
- Growing demand for handsfree headphones.
- Increasing demand for the noise-cancelling mp3 headphones.
Opportunities
- Opportunity to diversify into mp3 headphone products compiled with auto-chargeable technology.
Challenges
- The heavy weight of over-ear headphones.
- Lower playback time and higher charging time.
Analyst View
Mp3 headphones market is growing rapidly as the total volume sales is increasing continuously throughout the world specifically in Asia Pacific region. For instance, according to AMA study, the total headphone sales volume in 2016 was more than 336 million units globally wherein Asia Pacific acounted for more than 40% of sales volume in the same year. Countries such as India, China, and Japan are th major growth engines for mp3 headphones in this region.
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